Countdown to the end of Democracy in the UK on 13:03 - Aug 12 by Jango

So you get to choose what leave voters knew and they believed? The fact the argument was out there in the public domain meant people knew the EUs views on the matter. You don’t like that but it’s a fact. We voted knowing the EU werent going to make it easy.

So Leavers believed remainers more than they believed leavers. Right-o!

You don't even know what your answer meant do you. Just 3 little words that sounded good popped into your head

Absolutely pitiful.

His answer shows he understands a heck of a lot more about it than you do.

Currencies aren’t fixed against an objective point. They are measured in relation to each other. If people find the Euro more attractive than sterling for whatever reason the price of a Euro will increase compared to the price of sterling. In other words, the Euro will strengthen against sterling - it will take more sterling to purchase Euros.

It’s all about demand. The manipulation of that demand, whether it is deliberate (interest rate setting as one example) or driven by wider economic factors (inflation as one example) or wider political factors (brexit as one example) is a different matter.

You don't even know what your answer meant do you. Just 3 little words that sounded good popped into your head

Absolutely pitiful.

I guess I'm more of a,Keynesian than a Friedman style monetarist, So I don't necessarily follow the view that controlling the supply of broad and narrow money through interest rates and monetary policy is particularly effective. I do have some time for Hayek.

Ultimately under any regime of flexibility and floating exchanges rates, as opposed to historical agreements like Bretton woods, the gold standard or the ERM, the value of a currency relative to other currencies is dependent on Supply and demand.

Your question should have been what are the supply and demand factors currently influencing the relative strength of the Euro.

There are of course many, almost infinite factors, including QE, relative interest rates, expectations of inflation and GDP. and not least political stability..

All of these and others are influencers of supply and demand which drive currency prices up or down.

I guess I'm more of a,Keynesian than a Friedman style monetarist, So I don't necessarily follow the view that controlling the supply of broad and narrow money through interest rates and monetary policy is particularly effective. I do have some time for Hayek.

Ultimately under any regime of flexibility and floating exchanges rates, as opposed to historical agreements like Bretton woods, the gold standard or the ERM, the value of a currency relative to other currencies is dependent on Supply and demand.

Your question should have been what are the supply and demand factors currently influencing the relative strength of the Euro.

There are of course many, almost infinite factors, including QE, relative interest rates, expectations of inflation and GDP. and not least political stability..

All of these and others are influencers of supply and demand which drive currency prices up or down.

I guess I'm more of a,Keynesian than a Friedman style monetarist, So I don't necessarily follow the view that controlling the supply of broad and narrow money through interest rates and monetary policy is particularly effective. I do have some time for Hayek.

Ultimately under any regime of flexibility and floating exchanges rates, as opposed to historical agreements like Bretton woods, the gold standard or the ERM, the value of a currency relative to other currencies is dependent on Supply and demand.

Your question should have been what are the supply and demand factors currently influencing the relative strength of the Euro.

There are of course many, almost infinite factors, including QE, relative interest rates, expectations of inflation and GDP. and not least political stability..

All of these and others are influencers of supply and demand which drive currency prices up or down.

His answer shows he understands a heck of a lot more about it than you do.

Currencies aren’t fixed against an objective point. They are measured in relation to each other. If people find the Euro more attractive than sterling for whatever reason the price of a Euro will increase compared to the price of sterling. In other words, the Euro will strengthen against sterling - it will take more sterling to purchase Euros.

It’s all about demand. The manipulation of that demand, whether it is deliberate (interest rate setting as one example) or driven by wider economic factors (inflation as one example) or wider political factors (brexit as one example) is a different matter.

Good a weaker £ isn’t a bad thing at all. It will make British goods more attractive. Also a strong € will make their goods less attractive.

I guess I'm more of a,Keynesian than a Friedman style monetarist, So I don't necessarily follow the view that controlling the supply of broad and narrow money through interest rates and monetary policy is particularly effective. I do have some time for Hayek.

Ultimately under any regime of flexibility and floating exchanges rates, as opposed to historical agreements like Bretton woods, the gold standard or the ERM, the value of a currency relative to other currencies is dependent on Supply and demand.

Your question should have been what are the supply and demand factors currently influencing the relative strength of the Euro.

There are of course many, almost infinite factors, including QE, relative interest rates, expectations of inflation and GDP. and not least political stability..

All of these and others are influencers of supply and demand which drive currency prices up or down.

Good a weaker £ isn’t a bad thing at all. It will make British goods more attractive. Also a strong € will make their goods less attractive.

A weak currency is a symptom of a weak economy, not a tool for economic growth. Any short term "benefits" for imports and exports is soon removed by fundamental economics.

A weak £ just moves us further down the economic league table of leading countries. Arguing in favour of a weak currency is like arguing the championship is better than the PL because player wages are lower.

A weak currency is a symptom of a weak economy, not a tool for economic growth. Any short term "benefits" for imports and exports is soon removed by fundamental economics.

A weak £ just moves us further down the economic league table of leading countries. Arguing in favour of a weak currency is like arguing the championship is better than the PL because player wages are lower.

A weak currency is a symptom of a weak economy, not a tool for economic growth. Any short term "benefits" for imports and exports is soon removed by fundamental economics.

A weak £ just moves us further down the economic league table of leading countries. Arguing in favour of a weak currency is like arguing the championship is better than the PL because player wages are lower.

Your analogy is nonsense. Firstly just because the pound value goes down doesn’t mean it’s weak. Currencies go up and down all the time. Secondly, the IMF even said the the £ was overvalued before the eu referendum, so it’s now probably finding its feet. Thirdly, devaluation can boosts exports and create jobs.

Large swaths of the eu economy is in a terrible state - Greece, Spain, Portugal, Italy etc.

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Countdown to the end of Democracy in the UK on 17:21 - Aug 12 with 602 views

Countdown to the end of Democracy in the UK on 14:07 - Aug 12 by Batterseajack

So Leavers believed remainers more than they believed leavers. Right-o!

Is that what I said? Remains argument is that there was no mention of no deal in the lead up to the referendum. It’s utter b***ocks. A common opinion by leave voters in the lead up to the referendum was that the EU would never give us a deal and they’d make an example of us so that no other country would follow. The fact is, the EU themselves told us a deal was by no means guaranteed. The remain campaign argued a deal was by no means guaranteed. Cameron told us if a deal wasn’t reached after 2 years we’d leave on WTO terms. You’re problem is you seem to think remain voters based their decision on knowledge of the situation and leave voters just lapped up everything Farage and Johnson said on the campaign. Again, just an example of remainers sitting on their high horse.

Your analogy is nonsense. Firstly just because the pound value goes down doesn’t mean it’s weak. Currencies go up and down all the time. Secondly, the IMF even said the the £ was overvalued before the eu referendum, so it’s now probably finding its feet. Thirdly, devaluation can boosts exports and create jobs.

Large swaths of the eu economy is in a terrible state - Greece, Spain, Portugal, Italy etc.

Unfortunately Manufacturing only makes up 11% of GDP but still attains 70% of exports. Hence we don't export a great deal in comparison to what we import.

And that could well change with the £ finding it’s feet, instead of being overvalued as it was previously. A £ that isn’t overvalued is good news for the exporters of this country, which in turn is good news for jobs in the UK.

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Countdown to the end of Democracy in the UK on 17:37 - Aug 12 with 582 views

Countdown to the end of Democracy in the UK on 17:21 - Aug 12 by Jango

Is that what I said? Remains argument is that there was no mention of no deal in the lead up to the referendum. It’s utter b***ocks. A common opinion by leave voters in the lead up to the referendum was that the EU would never give us a deal and they’d make an example of us so that no other country would follow. The fact is, the EU themselves told us a deal was by no means guaranteed. The remain campaign argued a deal was by no means guaranteed. Cameron told us if a deal wasn’t reached after 2 years we’d leave on WTO terms. You’re problem is you seem to think remain voters based their decision on knowledge of the situation and leave voters just lapped up everything Farage and Johnson said on the campaign. Again, just an example of remainers sitting on their high horse.

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Countdown to the end of Democracy in the UK on 17:44 - Aug 12 with 573 views